Singapore HDB unveils Resale Checklist for housing agents

Singapore HDB unveils Resale Checklist for housing agents

SINGAPORE : The Housing and Development Board (HDB) announced on Monday that it is introducing mandatory Resale Checklists for housing agents handling resale HDB flat transactions.

The checklists cover a list of key policies and procedures that agents will need to advise resale flat buyers and sellers before they commit to a transaction.

This is part of HDB’s ongoing efforts to ensure that buyers and sellers are aware of relevant HDB purchase and financing policies concerning such transactions.

From 1 May, housing agents will have to submit the completed Resale Checklists to HDB together with their resale applications.

Under the new procedure, agents who are engaged by the sellers will have to go through the checklists with the sellers to highlight important policies.

Similarly, agents employed by buyers will have to go through a separate checklist with the buyers.

Agents will have to submit the checklists to HDB together with the resale applications.

HDB will then carry out checks to ensure that the agent has gone through the checklist with his client before granting the Option to Purchase.

Buyers and sellers who do not engage the services of housing agents need not submit the checklist.

However, they are advised to go through the document to ensure that they are aware of the key resale policies and procedures.

 - CNA/ch
Source : Channel Newsasia - 24 March 2008

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Ma wants to resume FTA talks with Singapore

Ma wants to resume FTA talks with Singapore

(TAIPEI) Taiwan’s president-elect Ma Ying-jeou yesterday said that he wanted to resume negotiations with Singapore on signing a free trade agreement and would be flexible over what name to call the island.
Talks had started before 2000 but broke off under the administration of outgoing President Chen Shui-bian, partly because of a dispute over how to refer to Taiwan.

Mr Ma, who was elected president in a landslide victory on Saturday and formally takes office on May 20, said that he was ready to be flexible. ‘I certainly hope we can resume these negotiations because we are ready to negotiate with Singapore under the name we use at the WTO,’ he told reporters at a press conference.

Taiwan is registered at the World Trade Organisation under the designation ‘Taiwan, Penghu, Kinmen and Matsu customs territory’. The previous talks broke off after Mr Chen’s government said five years ago that it would not negotiate under any name except Taiwan or the island’s own official title, Republic of China.

Taiwan lost its UN seat to China in 1971 and is recognised diplomatically now by only 23 countries, mainly small and developing nations in Africa, Latin America and the Asia-Pacific region. — AFP

Source : Business Times - 24 March 2008

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Top 3 investment choices: China, Vietnam and India - Singapore

Top 3 investment choices: China, Vietnam and India   - Singapore

China was top across all sectors but commerce
By CHEW XIANG

(SINGAPORE) China, Vietnam and India are the three most popular investment destinations for firms, according to the latest BT-UniSIM quarterly survey of business activity.
A poll of 128 companies found that 29 per cent of respondents said that they would invest in China within the next two years. Vietnam took second spot with just under 25 per cent of the votes and India was third with 9.7 per cent.

Vietnam has gained in popularity over the past year - in 2006, it also came in second in the overall stakes, but with a lower score of 13 per cent.

Survey director Chow Kit Boey said: ‘On the planned investments, Vietnam has come up very strongly as a favoured country.’

This year, it has been ranked in the top two positions by firms in all sectors, except for commerce, wholesale and retail, hotels and restaurants. Such firms preferred Vietnam to China by a margin of 13 percentage points.

But China fared better overall when the data was broken down by sector - it was the top investment choice across all sectors but commerce.
 
Compared with last year, the United Arab Emirates has suffered the biggest setback - then, 10 per cent of respondents cited it as their next investment destination but this year, its third placing has been supplanted by India. However, the UAE remains popular among small and manufacturing firms. On the other hand, India was preferred by foreign firms, while local firms tended to choose Malaysia and Thailand.

China remains key destination for financial and business services firms, but Indonesia and Japan, as well as Vietnam, were also popular choices.

Manufacturing firms, however, were partial to India, Malaysia and the UAE as well as firm favourites China and Vietnam.

Other popular countries cited were Australia, the United States, South Korea, Singapore, the Philippines and Cambodia.
Source : Business Times - 24 March 2008

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S’pore draws $3b of manufacturing investments

S’pore draws $3b of manufacturing investments

Latest batch of projects promise sunrise era, queen bee buzz
By RONNIE LIM

(SINGAPORE) Despite current global economic jitters, investment inflows here remain strong.
 
 
In the first few months of 2008, Singapore has already attracted more than S$3 billion of manufacturing investments.

More importantly, many of the investments represent a new wave of activities which will help the manufacturing sector here weather industry downcycles, keep ahead of the competition and stay relevant amidst rapid global technological advances.

Some investments, like Norsun’s and Oerlikon Solar’s projects backed by the National University of Singapore’s (NUS) new national solar research institute, herald the arrival of a new ’sunrise’ industry here.

Others such as Rolls- Royce’s commercial airline engine manufacturing plant will be the first in Asia to manufacture engines for large commercial aircraft like the Boeing 787 and Airbus A350XWB. It will be - in the Economic Development Board’s (EDB) parlance - a ‘queen bee’ that will, in turn, draw many other supporting aerospace players here.

While many of the first-generation biofuels projects have been hit by the sharp spike in regional biofuel crop prices, Neste Oil’s mega second-generation S$1.2 billion biodiesel plant investment here will be less vulnerable, being completely technology-driven.

And adding a whiff of fresh air to the lifestyle products and services area - another new cluster Singapore is trying to grow - US consumer goods giant Procter & Gamble has just opened its first perfume plant in Asia at Tuas, where it is capitalising on the heightened ‘noses’ of its Singapore talent to help tailor-make ‘Asianised’ products.

‘Our efforts to move up the industry value chain are paying off,’ EDB managing director Ko Kheng Hwa told BT, saying that this is evident from the latest slate of investments.

‘Some of these projects inject new capabilities and strengthen our existing clusters - such as Rolls-Royce’s aircraft engine manufacturing facility, P&G’s specialty perfume plant and Lanxess’s advanced rubber facility.

‘Others build new growth engines for the future - such as Norsun’s high-end solar wafer plant, Ubisoft’s 300-strong games development studio, and Neste Oil’s next-generation biodiesel plant. The new growth sectors will also diversify our industrial base and increase our resiliency to weather business cycles.’

Mr Ko added that the recent investments are ‘capital, knowledge and innovation-intensive, all playing to Singapore’s strengths and reflecting our growing competitive advantage’.

In addition, they bring in quality jobs for people living in Singapore, he said.

In total, the investments will create 1,500 new skilled or specialist jobs, ranging from solar energy researchers and aerospace engineers to computer game developers and perfumers.

Singapore’s excellent infrastructure and logistics, the availability of talent and skills such as precision engineering, and the strength of industry clusters, have been critical in attracting the new investments.

It was Singapore’s efficient logistics network which persuaded P&G to set up here, as it allows the company to bring in over 300 different materials from around the world for its just-in-time operations.

For Germany’s Lanxess, the overriding factor for locating its 400 million euro (S$856 million) butyl or synthetic rubber plant here is the ready supply of higher olefins - it has finalised a feedstock agreement with Shell’s new petrochemical cracker.

These higher olefins will become available from around 2010, thanks to the ‘critical mass’ arising from the establishment of more new crackers here, including ExxonMobil’s.

This reinforces the rationale spelt out by EDB assistant managing director Aw Kah Peng: ‘We don’t pursue cracker investments for their own sake but use these to build an entire industry including, for example, downstream plants for high-end polymers, which can provide diversity and value-add.’

Singapore’s move to tap clean energy opportunities is also starting to pay off. The announcement this month of a US$300 million facility here by Norway’s Norsun marks the second cutting-edge, solar cell wafer fabrication investment in Singapore in less than six months.

Norsun will make monocrystalline wafers - catering to the high-end 40 per cent of the global solar cell market - complementing Norway’s Renewable Energy Corporation, which last October announced a mega S$6.3 billion fab investment here to make multicrystalline wafers. EDB’s Mr Ko said that the two Norwegian projects would help diversify the industry ecosystem here.

Rising costs in Singapore, however, remain a bugbear for investors. Lanxess chairman Axel Heitmann cited energy costs as an ongoing concern; the company is discussing with the authorities how it can reduce these for its Singapore plant.

Separately, Chemoil Energy officials said at the recent launch of its Jurong Island oil terminal that the costs of building such facilities here have risen by 25-40 per cent.

Looking ahead, Mr Ko said that EDB is also mounting a new initiative called ‘Future.Singapore’ to build activity within selected business themes where Singapore wants good solutions. These themes include urban solutions, wellness, ageing, and healthcare and lifestyle products.

Source : Business Times - 24 March 2008

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Singapore investors buy up US equity in Q4

Singapore investors buy up US equity in Q4

Bargain hunters took advantage of turbulent situation
By CHUANG PECK MING

(SINGAPORE) After dumping shares listed on the New York Stock Exchange for much of last year, Singapore investors did a sharp turnaround to snap up a net US$4.0 billion worth of US corporates in the final quarter of 2007, when Wall Street posted its biggest fall in 20 years.
 
 
In a quarter of bad news about housing, faltering mortgages and shrinking credit, cash-rich Singapore investors joined other global bargain hunters to take advantage of the turbulent situation to pick up cheaper US equities as the Standard & Poor Index fell 3.3 per cent, while the Dow Jones Industrial Average declined 3.9 per cent. The techno-logy-laden Nasdaq Composite Index slipped 1.8 per cent.

Singapore investors also reverted to buying US Treasury bonds in the October-December quarter (Q4), adding a net US$2.0 billion of the debt instruments to their portfolios. They sold a net US$1.51 billion of T bonds in Q3, according to the latest figures released by the US.

Despite the big swing in their trading positions on the NYSE in the last quarter - from a net sale of US$1.79 billion in stocks in Q3 - Singapore investors still wrapped up 2007 with an overall net sale of US$1.7 billion in equities. Thanks to a big rise in the first half, Wall Street still eked out a respectable 6.4 per cent gain last year.

Still, the amount of US stocks Singapore investors sold last year was smaller than in 2006 when they dumped a net US$4.5 billion worth of investments, following a net acquisition of US$7.2 billion in 2005.

In T bonds, the investors ended up holding a net US$4.8 billion more of the debt instruments in 2007, after reducing them by a net US$2.6 billion in their portfolios in 2006.

Still, Singapore investors have more US equities than T bonds in their portfolios - and they are among the biggest players on Wall Street.

According to the US Treasury’s latest available figures, Singapore investors held US$108 billion in US equities in their portfolios as at end-June 2007 - the largest among Asian investors, after the Japanese (US$220 billion).

Outside Asia, only the British (US$421 billion), Canadians (US$347 billion), Swiss (US$174 billion), Dutch (US$185 billion) and French (US$132 billion) owned more US equities than Singapore investors.

But in the final three months of 2007 when prices of US equities fell sharply, it was the Hong Kongers among Asian investors who were the largest buyers. They scooped up a net US$13.63 billion in US stocks - over three times that of their Singapore counterparts, the second biggest Asian purchasers in the quarter.

The Japanese, the largest Asian investors on Wall Street, bought only a net US$276 million in US stocks in Q4, after dumping US$1.1 billion worth of investments in Q3.

As in the previous quarter, the Japanese saved the bigger chunk of their investment outlays in Q4 for US corporate bonds, spending another net US$17.69 billion on the debt assets, up from US$11.79 billion in Q3.

But the Japanese continued to draw down their huge holdings of T bonds, selling a net US$7.61 billion of the instruments. They let go of a whopping net US$30.44 billion of T bonds in Q3.

The Chinese, another big investor in T bonds, also continued to reduce their investments in the assets. They sold a net US$3.1 billion of T bonds in Q4, following a sale of net US$17.16 billion in the previous quarter.

Apart from Taiwanese and Thai investors, who made a net sale of US$173 million and US$13 million respectively, Asian investors on the whole were net buyers of US corporate stocks in Q4, more than tripling their purchases from Q3 to a net US$29.42 billion.

The British, who are the biggest investors in US stocks, reversed their position from a net seller of US$12.09 billion in Q3 to a net buyer of US$23.98 billion in Q4. Other big buyers of US equities in the quarter were the Finns (US$6.21 billion), Germans (US$5.22 billion) and Norwegians (US$5.09 billion).

Source : Business Times - 24 March 2008

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Business confidence takes a dive - Singapore

Business confidence takes a dive - Singapore

BT-UniSIM survey shows companies gloomy about next six months, despite strong orders
By CHEW XIANG

(SINGAPORE) Business confidence in Singapore has slumped to its lowest level since end-2004, according to the latest business climate survey by The Business Times (BT) and SIM University (UniSIM).
Among sectors, financial and business services was the star performer for the quarter. It had the highest net balances in sales, profits and orders, and new business.
 
 
 
While sales and profit figures were largely unchanged in the three months to Dec 31, 2007, prospects have fallen dramatically for the next six months, the poll of 128 companies revealed.

This was despite companies reporting a strong pipeline of orders and new business. Some 71 per cent of the firms polled have overseas businesses.

Chow Kit Boey, director of the quarterly BT-UniSIM survey, said: ‘I think the firms may be overly pessimistic because of the grim prospects in the US economy, accompanying volatile and weak stock markets and rising oil prices.’

She said that improved orders and new business numbers suggest that the Singapore economy would not suffer too badly in the first quarter of 2008, given the low growth rate a year ago and the largely successful air show in February.

The quarter marked the 17th successive one with positive net balances in sales and orders as well as new business, she added. ‘This implies that the slowdown could be mild. It appears that the economy could grow at a faster rate in Q1 2008 than in Q4 of 2007.’
 
Economists polled recently by the Monetary Authority of Singapore (MAS) pared their first-quarter growth forecast to a median 5.7 per cent from 7 per cent previously, slightly higher than the 5.4 per cent recorded in Q4 2007.

The BT-UniSIM survey showed that the business prospects net balance - the difference between the percentage of optimistic and pessimistic companies - fell to 20 per cent, from 39 per cent in the third quarter of the year. This was itself a sharp drop from an average of 57 per cent for the first half of 2007, showing how confidence has crashed in recent months.

The drop was particularly severe among large and local firms, whose net balances dropped by more than half from the previous quarter. But foreign firms were about as confident as they were in the preceding three months and, intriguingly, small firms were much more upbeat - net balance for the segment tripled to 26 per cent from 8 per cent.

The overall poor sentiment was partly balanced by healthy orders and new business numbers. The overall net balance - the difference between those reporting more orders or new business and those reporting fewer - rose slightly to 39 per cent, from 32 per cent in the third quarter.

But conditions varied widely across firms. Small companies reported a net balance of minus-one per cent, though still an improvement on the previous quarter (-12 per cent). Foreign companies recorded a net balance of 51 per cent, up from 26 per cent previously.

Among sectors, financial and business services was the star performer for the quarter. It had the highest net balances in sales, profits and orders, and new business.

Firms in the construction sector were the most confident of business prospects for the next six months for the eighth quarter running.

Foreign firms recorded the best performances for Q4, with the largest increases in net balances for sales, profits and orders, and new business. Local firms saw the biggest decline, owing partly to weaker profits, said Ms Chow.

And comparing overall and overseas sales, orders and prospects showed that domestic business activities were stronger in the fourth quarter. In the previous three months, businesses found better sales and orders overseas. But small and local firms still saw better prospects from their foreign operations, while foreign and large firms were more optimistic on the local market.

Vietnam is also fast climbing the charts as a favoured investment destination. China and India were the other frontrunners but ‘Vietnam has gained much popularity as an investment destination by almost all types of firms’, said Ms Chow.

The BT-UniSIM survey was launched in 1996 and is now in its 13th year.

Source : Business Times - 24 March 2008

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S’pore interest rates likely to fall further

S’pore interest rates likely to fall further 

Fed cut and robust Sing$ could push interbank lending rate below 1%

By Nicholas Fang 
SINGAPOREANS can expect cheaper mortgages but lower savings and fixed deposit rates in the months to come.

This is after a move by the United States Federal Reserve to slash a key US interest rate last week.

The Fed had cut three-quarters of a point off its federal funds rate, bringing it to 2.25 per cent, to fight a mushrooming credit crisis and a slowing US economy.

Economists in Singapore said the lowering of the Fed funds rate will have a knock- on effect in the Republic.

The Singapore Interbank Offered Rate (Sibor), or the rate at which banks lend to one another, tends to track the Fed rate.

Citigroup economist Kit Wei Zheng said: ‘For Singapore rates, the trend is downwards. We expect the Fed to cut its rate to 1 per cent and Singapore should follow with a lag.’

He lowered his forecast for the Sibor, estimating it would fall to as low as 0.75 per cent by the end of the third quarter, down from an earlier estimate of 1 per cent.

A recent report by DBS Group Research also forecast the Sibor would fall, to 0.83 per cent in the second quarter, and remain at that rate through the second half before rising next year.

The three-month Sibor fell to a 12-month low of 1.25 per cent last Monday, before recovering to 1.425 per cent on Thursday, ahead of the Good Friday public holiday.

Mr Kit said Singapore rates were also affected by the Singapore dollar’s appreciation against the US currency. He said the Singdollar is most probably at the top end of the secret trade-weighted band within which the Monetary Authority of Singapore (MAS) guides the currency.

‘With the Singdollar expected to continue appreciating, MAS will aim to moderate it by flooding the market with liquidity, which will in turn pressure interest rates downwards,’ he said.

OCBC economist Selena Ling said another consequence of the strong Singdollar would be a high inflow of foreign capital into the Republic. ‘This can also contribute to lower interest rates.’

For consumers, the net result is both good and bad.

Banks recently embarked on a mortgage loan war, with Maybank firing the first salvo last month with an aggressive three-year, fixed-rate package offered at 1.68 per cent for the first year.

DBS Bank and United Overseas Bank (UOB) have also unveiled attractive packages. UOB has one that offers a zero rate in the first year.

And with Sibor-linked home loan package rates likely to head south too, it could be a good time to refinance mortgage loans, experts said.

A DBS spokesman said: ‘DBS offers transparent mortgage rates pegged to the Sibor and the CPF Ordinary Account rate, so our rates will move in tandem with market forces.’

But there is also the possibility that savings and fixed deposit rates could slump as interest rates go down.

OCBC’s vice-president for group wealth management, Mr Fabian Lum, said the bank would review its deposit rates to keep them in line with prevailing market conditions.

And while the bank has not changed its savings rate recently, it lowered its 12-month fixed deposit rate for amounts between $50,000 and $1 million to 1.2 per cent a year from 1.4 per cent earlier this month.

DBS said that its savings deposit rates had not been adjusted since 2005, but added that its fixed deposit rates are always pegged to the interbank rate and would thus be adjusted accordingly.

CIMB-GK economist Song Seng Wun said that the low interest rates did not reflect a lack of liquidity on the part of banks. ‘The loans-deposit ratio is still very strong, so banks definitely have the money to lend,’ he said.

‘But I think there is greater caution now, after what has happened in the US with the sub-prime crisis, and people are much more cautious nowadays when it comes to borrowing and lending money.’

Source : Straits Times - 24 March 2008

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Stem cells from cord lining - Singapore

Stem cells from cord lining  - Singapore
 
SINGAPORE company CellResearch Corporation has made headlines for discovering that stem cells can be harvested from the umbilical cord lining, and that these are versatile enough to transform into many of the body’s cells.
By taking such cells from the baby’s umbilical cord, which would otherwise be discarded, the company has sidestepped the controversial use of days-old embryos as a source of stem cells. Also, while embryonic stem cells are the most potent - they can turn into any cell - they can also form tumours.

The company was recently granted a British patent for its process of collecting and cultivating the cells. Its research has shown how such stem cells can transform into skin, bone and fat cells, among others.

CellResearch is working with 10 groups here and abroad to tap the potential of such stem cells to treat a host of diseases.

Stanford University School of Medicine in the United States, for example, is studying the potential of such cells to treat hearing loss, said Dr Stefan Heller, who is leading the research.

While the science is still in its early stages, he said: ‘It makes us optimistic that these cells might be useful for development of therapy methods for inner ear damage.’

At the National Cancer Centre, researchers are looking at how stem cells can be used to treat diabetes and the blood disorder haemophilia.

Dr Kon Oi Lian, who is heading this effort, said the cells, unlike most other primary cell types, have the unusual ability to divide for relatively long periods in the lab.

‘Thus, these cells could potentially be produced in sufficiently large numbers for treatment.’
CHANG AI-LIEN
Source : Straits Times - 24 March 2008

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Local firm sets up Viet stem cell bank - Singapore

Local firm sets up Viet stem cell bank   - Singapore

To open in May, $1 million bank is a tie-up with Vietnam govt

By Chang Ai-Lien, Science Correspondent 
FIRST FORAY: CellResearch Corporation’s chief scientist, Dr Phan Toan Thang, with umbilical membrane tissue, a rich source of stem cells. The stem cell bank will be Vietnam’s first venture into research in the field. — ST PHOTO: JOYCE FANG
 
A SINGAPORE biotech firm has set up Vietnam’s first stem cell bank, and is working with the Vietnamese government in the country’s maiden foray into research in the field.
The $1 million bank, which opens its doors in May, will store blood taken from the newborn’s umbilical cord, and stem cells from the outer lining of the umbilical cord, according to officials.

The bank’s private arm will store stem cells for paying customers that can be used to treat blood diseases such as leukaemia, for a start. Clients can choose to have tissue collected following childbirth, and store it privately as a form of medical insurance for themselves and, possibly, family members.

The public bank would work in the same way as a blood bank: It will be a storage facility for anyone looking for compatible cells to treat disease. Samples will also be used for research.

The bank’s chief scientist, Dr Le Van Dong, said the facility expects to store several hundred samples in its public facility in the first few years, mainly for research. The Ho Chi Minh facility also expects to have 300 private clients in its first year.

Singapore’s CordLabs, which provides stem-cell technology to public and private banks around the world, worked with Vietnam’s MekoPhar Chemical Pharmaceutical Joint-Stock Company to set up the bank.

MekoPhar is a joint-stock company 40 per cent owned by the state, and the biggest shareholder of An Sinh Hospital, one of the biggest private hospitals in Ho Chi Minh City.

‘We chose Vietnam because it is densely populated with huge growth potential,’ said Dr Ivor Lim, chief medical director of CellResearch, the parent company of CordLabs.

Existing cord blood banks store umbilical cord blood rich in special cells used to treat blood-related diseases. However, the Vietnamese bank will also harvest stem cells culled from the umbilical cord membrane, which could be used over a wider range of treatments, including bone and organ repair, or to create skin for burn treatment.

The umbilical cord can also yield several hundred times more cells than those taken from traditional sources such as cord blood or bone marrow.

The latest tie-up looks set to give CordLabs a foothold in the lucrative tissue-banking market, worth an estimated US$100 million (S$138 million) in the United States alone.

CellResearch has also signed an agreement with Vietnam’s Science and Technology Ministry, which is providing US$1 million to do stem-cell research.

Dr Dong said the government chose to focus on umbilical cord stem cells because of the potential of such work, which is also free of ethical constraints, unlike stem cells taken from embryos.

‘These cells can soon be turned into clinical applications for burn, chronic wounds and orthopaedics,’ he said.
Source : Straits Times - 24 March 2008

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Ma pledges closer economic ties with China - Taiwan

Ma pledges closer economic ties with China  - Taiwan
TAIWAN’S president-elect Ma Ying-jeou pledged yesterday to work towards closer economic ties with China and a peace treaty that would end decades of hostilities since both sides split in 1949.

Fresh from a landslide victory, he reiterated a promise not to declare Taiwan’s independence and said he is not about to negotiate unification either.

He made it clear he is well aware of the security threat posed by China. He also ruled out plans to visit any time soon, and said peace talks are not possible unless Beijing removed missiles aimed at Taiwan. Analysts expect a breakthrough in talks on direct air links and tourism, but for more sensitive issues to be put aside for now.

Mr Ma told voters: ‘If you give me eight years, I will lay the foundation for a century of peace and prosperity.’

Source : Straits Times - 24 March 2008

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The Trillium at KIM SENG - Singapore - District 09

The Trillium at KIM SENG - Singapore - Real Estate District 09

Location: Kim Seng Road (District 9)

Developer : Lippo Land Corp

Land Size: 160,000sqft

Tenure: Freehold

Expected T.O.P: 31st December of 2010
Tower Lifts: Private lift to individual units

Car Park Lots: 257 (normal) / 3 (handicap) – Basement 1

Total Units: 231 in three 29 storey towers

Site area: 159,076 sq.ft.

Units Types:( Trillium )

Total Units: 231 in three 29-storey towers.

2 BedRooms + study (75 units): 135 sq.m. (1452 sq.ft.)
3 BedRooms + study (75 units): 172 sq.m. (1852 sq.ft.)
4 BedRooms (50 units): 213 sq.m. (2289 sq.ft.)
5 BedRooms (25 units): 229 sq.m. (2470 sq.ft.)
Penthouses (6 units): 548 to 567 sq.m. (5900 to 6100 sq.ft.)
Facilities: The Trillium

Club House
BBQ Pavilion
Basketball Court
Putting Green
Swimming pool
wadding pool
jacuzzi
2 tennis courts
gym

Real Estate Properties of Singapore buy , sell, rent, invest,

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The Estilo at Wilkie - Singapore - District 09

The Estilo at Wilkie - Singapore - District 09

More than a residence, Estilo comprises a lifestyle that the life vibrant of the city with the contemplation stirs calm. If you are in the limbs, the cultivation or the history, the choice is yours - with the Esplanade and the national end of the museum it puts into effect them. And with the convenience of the station of Dhoby Ghaut MRT and of the important superhighways, to obtain around to the city it is easy when you decide to take risks beyond one exclusive free trade zone.
Location: Wilkie Road (District: 9)
Tenure: Freehold
Expected TOP Date: 2009
Building: 1 Block of 5-Storey and 1 Block of 6-Storey Residential Flat
Total: 58 unit

Sizes:
Studio: 495 sqft to 603 sqft
1+1-Bedroom: 570 sqft to 667 sqft
2-Bedroom: 969 sqft
3-Bedroom: 1,184 sqft to 1,238 sqft

Facilities:
Spa Pool
Gym/Fitness Room
BBQ Pit
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MINDY YONG

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